Here’s when Lexus will reveal its insane new hoverboard

Anyone who has ever dreamed of following in Marty McFly’s hover-steps will be one step closer come Aug. 5.

That’s the day when Lexus says it will unveil its new hoverboard, dubbed the Slide. In preparation for the launch, the luxury vehicle division of Toyota (TM) has come up with a trailer, complete with professional skateboarder Ross McGouran and loving pictures of the steam-emitting, made-from-bamboo hoverboard. You can view the video on the company’s official site, or watch the short teaser below.

In mid-June, Lexus confirmed details of a project that has spanned the last 18 months, involving teams in Germany and London, according to Gizmodo. The hoverboard utilizes magnetic levitation to achieve the magical above-the-ground effect, with liquid nitrogen and permanent magnets combining to make the high-tech gadget made famous in Back to the Future come true.

However, fans who are hoping to take a ride on the Slide will probably have to wait much longer. There’s no word on whether the hoverboard will go on sale — if ever — and it only works on metallic surfaces, according to Engadget. That means you’ll have to take more conventional transportation to parties that will be celebrating the 30th anniversary of Back to the Future on Oct. 21.